Suntide Commercial Realty, Inc.

Thank you for attending our State of Brokerage 2025 program this morning. Great panel, great content. The attendees appreciated that it was honest/real/reflective (but still positive overall). Thank you, again to our talented speakers & moderator! Speakers: Tina Hoye, President/Principal, NTH, Inc. Jim Vos, Senior Managing Director, Savills Tate Krosschell, Principal and Managing Director, Avison Young Emily Nicoll, Managing Director, Transwestern Jeff Jiovanazzo, Managing Director, CBRE Moderator: Jeff Hart, CCIM, Senior Vice President, Principal, Suntide Commercial Realty, Inc.

Many thanks to Minnesota Commercial Association of Realtors for hosting “Creative Conversions: Reuse in Real Estate” at Court International’s conference facility on Tuesday. The presentation, led by Erin Fitzgerald, focused on changes to the office market and the opportunity to transform Downtown Minneapolis with mixed-use properties and entertainment venues. The presentation also included a closer look at work being done by the Minneapolis Renaissance Coalition to encourage investments and create vibrant public spaces. https://courtandcase.com/ ? #PropertyManagement #CRE #CommercialRealEstate #realestate #invest #investment #office #StPaul #Minneapolis #Minnesota

Growth, Growth, and More Growth! Last week, Suntide Commercial Realty attended the SW Florida 24th Annual CCIM Commercial Real Estate Outlook Conference, and what a fantastic event it was—insightful speakers, excellent networking, and valuable market perspectives. The most prevailing theme? Unstoppable growth in Southwest Florida’s commercial real estate sector! Along with the multitude of positive attributes fueling this growth, there are some key challenges to be addressed: ?? Insurance Costs – A major concern, but with legislation in motion, premiums are expected to decrease by 25% moving forward. ?? Construction Permitting Delays – Recent weather events have caused a backlog, but this is expected to improve over time. ?? Rising Land & Construction Costs – Prices continue to climb, impacting new development feasibility. Now for the market outlook—and it’s overwhelmingly strong: ? Vacancy rates in Retail, Industrial, and Office are all below 5%. ? Rents are rising across all asset classes. ? Tenants renewing after years in place may face sticker shock due to higher rents and low vacancies. ? New construction is limited, and when properties do come online, they lease up quickly. ? The key driver? Population growth continues, fueled by no state income tax, great weather, job opportunities, and available land. The Southwest Florida commercial real estate market is dynamic, resilient, and full of opportunity, and Suntide Commercial Realty is proud to be part of its bright future. If you’d like to discuss market trends or opportunities, let’s connect! Jim Kenney Senior Vice President / Principal Suntide Commercial Realty | SW Florida Division ?? 365 5th Ave S, Naples, FL 34102 ?? [email protected] | ?? 612-749-4233 #CCIM #CommercialRealEstate #SWFlorida #CRE #MarketTrends #Growth #RealEstateInvestment

Suntide is proud to sponsor this year’s The BIG Spin: Pedaling With Purpose hosted by The BIG Foundation. This 6-week fundraising event gives entrants the chance to make a difference while staying active – either by walking, running, or biking. Funds go to the REEX Jumpstart Summer program, an educational program that exposes?thousands of high school students?to the commercial real estate industry and helps them find their way into a field where they can excel. Every dollar raised goes directly toward programs that educate, elevate, and empower future industry leaders. ?? Introduced over 700 students to commercial real estate ?? Approximately 50% of students admitted to the program come from an under resourced household ?? Program alumni represent all 4 corners of the United States For more information or to participate, visit https://lnkd.in/gBTjJaEd ? #PropertyManagement #CRE #CommercialRealEstate #community #giveback #donate #StPaul #Minneapolis #Minnesota ? Basis Investment Group, LLC ("Basis")

Many thanks to the Midway Chamber of Commerce for hosting their Economic Development session at Court International on Tuesday. This month’s speaker was Ramsey County Attorney John Choi who discussed the justice system process, Ramsey County’s public safety stats, the importance of transparency and collaboration, and took questions about the future of the Midway neighborhood. This event was sponsored by Suntide Commercial Realty, Inc. and held in the 3rd floor conference center at Court International. https://courtandcase.com/ #PropertyManagement #CRE #CommercialRealEstate #community #publicservice #SaintPaul #StPaul #Minnesota

Today we are pleased to welcome Mary F. Lindell to Suntide’s brokerage team. Mary is an experienced real estate broker who specializes in the leasing and sales of retail, neighborhood, and community centers. She works with buyers, sellers, landlords, and tenants throughout the Twin Cities metro as well as the outstate area. ? Mary comes to us from Christianson & Company. Prior to that she was an officer, co-owner, and relationship manager. ? “I have always had a passion for helping small business owners and entrepreneurs,” says Mary of the transition. “Retail is about creating a tenant mix that is profitable, successful, and ultimately benefits the community. Joining Suntide was an opportunity to extend that message even further. With in-house services such as construction and interior design, it can make the real estate process for my clients smoother and more efficient.” ? Welcome, Mary! ? https://lnkd.in/gUdE7AMb ? #PropertyManagement #CommercialRealEstate #CRE #retail #brokerage #property #entrepreneur #StPaul #Minneapolis #Minnesota

This past fall, the Suntide Construction team completed a tenant build out at Two Meridian Crossings, located in Richfield, Minnesota, for a 15,409 SF user. Nepsis, a financial planner, investor, and tax advisor group, was looking for a new, expanded location. Suntide Construction was able to construct the space in the fall and winter, and the company moved in earlier this month. ? The new space includes a lobby with reception, inviting seating areas and fireplace, large open area, glass front private offices, state of the art break room, work areas, and multiple conference rooms. Construction included framing, paint, flooring, plumbing, electrical, custom millwork, tile backsplashes, and HVAC installation. ? Photography for this project provided by Brandon Stengel at Farm Kid Studios, Inc. ? https://lnkd.in/eVVSFwE ? #PropertyManagement #CRE #CommercialRealEstate #remodel #construction #build #interiordesign #architecture #StPaul #Minneapolis #Minnesota

Suntide has exciting news! Due to the high demand of commercial real estate in Southwest Florida, Suntide has opened an additional office in Naples, Florida. Southwest Florida has seen an incredible growth the past few years with investors looking to take advantage of the region’s growing tourism, luxury vacation homes, and bustling commercial districts. And now, investors from both Minnesota and Florida can look to Suntide to help manage, maximize, and grow their real estate portfolios. Headed up by Suntide’s Senior Vice President, Jim Kenney, this new Southwest Florida office will offer property owners the same services as our Minnesota office: sales, leasing, property management, interior design, accounting, and construction. Suntide has over 40 years of experience and we can provide Southwest Florida with what our Minnesota customers have come to know and expect: experienced brokerage, treating each property as our own, custom pricing and packages, and a commitment to providing top notch customer service. For more information on Suntide’s new Southwest Florida division, please visit https://lnkd.in/gCnA73ea ? #PropertyManagement #CommercialRealEstate #CRE #brokerage #invest #investment #Naples #SWFlorida #SWFLA #Florida

Suntide would like to extend a warm welcome to the newest member of our team,?Dawn Baker- Koosmann.?Dawn brings a wealth of commercial real estate experience with a background in accounting, fleet, and property management with LSS of Minnesota. There she oversaw multiple property locations in the metro and was instrumental in project planning, budgeting, coordinating contractors, estimates, and proposals. Dawn brings this diverse background into her role as an Accountant where she’ll handle accounts receivable/accounts payable and create monthly financial statements for a portfolio of commercial properties across the Twin Cities. ? Welcome, Dawn! We are happy to have you. ? https://lnkd.in/esrMi76 ? #PropertyManagement #CommercialRealEstate #CRE #finance #accounting #invest #investment #property #SaintPaul #Minneapolis #Minnesota

From all of us at Suntide, Happy Holidays to you and your family!